Background: Most of the plant characters are governed by polygenes and greatly influenced by environmental conditions. The progress of breeding is conditioned by the magnitude, nature and interrelationship of genotypic and non-genotypic variation. In most of the crop improvement programs, the improvement of one trait may cause advancement or deterioration in associated traits serves to emphasize the need for simultaneous consideration of all traits which determine the economic value of a genotype. Methods: The present investigation was undertaken for Indian bean [Lablab purpureus (L.) Sweet] to construct efficient selection indices for selecting best progenies. The experiment was conducted with 55 progenies with checks GNIB-21 and GNIB-22 in randomized block design (RBD) with 3 replications. An attempt was made to build a selection index by taking 3 different type of economic weights viz. equal weight [W1], genotypic correlation coefficients [W2] and genotypic path coefficients (Direct effect) [W3]. Result: It has been seen that genetic gain of Indian bean of selected progenies observed higher with equal weight method as compared to weight assigned method with genotypic correlation coefficients and genotypic path coefficients (Direct effect). It has been concluded that the selection of progeny based on seed yield per plant, plant height, pod width and days to maturity provide higher genetic gain in Indian bean.